C&F Financial (NASDAQ:CFFI) Stock Price Passes Below 200-Day Moving Average of $51.21

C&F Financial Co. (NASDAQ:CFFI)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $51.21 and traded as low as $47.83. C&F Financial shares last traded at $48.20, with a volume of 417,821 shares traded.

C&F Financial Trading Down 7.5 %

The firm has a market capitalization of $161.95 million, a PE ratio of 7.95 and a beta of 0.42. The firm’s fifty day moving average is $43.91 and its two-hundred day moving average is $51.21. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.88 and a quick ratio of 0.87.

C&F Financial (NASDAQ:CFFI) last released its quarterly earnings results on Friday, April 19th. The financial services provider reported $1.01 earnings per share for the quarter. C&F Financial had a net margin of 13.29% and a return on equity of 9.89%. The business had revenue of $30.65 million for the quarter.

C&F Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 3.65%. The ex-dividend date of this dividend is Friday, June 14th. C&F Financial’s dividend payout ratio is 29.04%.

Insiders Place Their Bets

In related news, Director Paul C. Robinson acquired 1,000 shares of the stock in a transaction on Friday, April 26th. The shares were acquired at an average price of $39.11 per share, with a total value of $39,110.00. Following the completion of the transaction, the director now owns 18,367 shares in the company, valued at approximately $718,333.37. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have purchased 2,500 shares of company stock valued at $97,815. Company insiders own 6.30% of the company’s stock.

Institutional Trading of C&F Financial

Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of C&F Financial by 0.6% in the first quarter. Vanguard Group Inc. now owns 164,547 shares of the financial services provider’s stock valued at $8,063,000 after purchasing an additional 945 shares during the period. Huber Capital Management LLC lifted its stake in C&F Financial by 3.6% in the 1st quarter. Huber Capital Management LLC now owns 44,061 shares of the financial services provider’s stock worth $2,159,000 after purchasing an additional 1,516 shares in the last quarter. John G Ullman & Associates Inc. lifted its stake in C&F Financial by 5.4% in the 1st quarter. John G Ullman & Associates Inc. now owns 17,560 shares of the financial services provider’s stock worth $860,000 after purchasing an additional 900 shares in the last quarter. Empowered Funds LLC lifted its stake in C&F Financial by 7.9% in the 1st quarter. Empowered Funds LLC now owns 11,962 shares of the financial services provider’s stock worth $586,000 after purchasing an additional 875 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its stake in C&F Financial by 27.6% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 10,023 shares of the financial services provider’s stock worth $537,000 after purchasing an additional 2,169 shares in the last quarter. Institutional investors own 37.23% of the company’s stock.

About C&F Financial

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.